Boise Idaho Real Estate Blog

Coolest Mid-Century Neighborhoods in Boise

Between the 1950s and 1960s, there was a rebirth of home design that was based on clean lines, functionality, and distinction from eras past. Today home enthusiasts clamor at the chance to be able to own a home with some history and personality with a nod to a bygone era. Boise has distinct pockets and mid-century neighborhoods where these dwellings can be found. Whether you're looking for a mid-century modern or a classic atomic ranch home, we've put together the spots where you can find your next gem.

Boise Bench

Country Club Manor (Hillcrest)

The Hillcrest area is a Boise Bench classic and happens to be one of Bench’s most sought after areas. The neighborhood is situated alongside the Hillcrest Country Club, which is one of Boise’s premier…

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Boise Home Prices Hold Firm, Inventory at New Lows

Available homes for sale in Boise and throughout Ada and Canyon counties are at record lows. Based on months of inventory, there are just 1.13 months of available homes for sale in Boise. In Ada County, we saw available existing homes for sale drop to 644 in December. In January we saw available homes for sale drop to 561, 44.1% less than in January of 2016.

2017 is bringing little relief to homebuyers. A monthly report doesn’t adequately reflect how quickly properties are selling. Of the 315 homes that listed for sale in January, 174 are either pending or already sold. In other words, they never “appeared as active”. In Ada County that amounted to 673 new listing of which 327 went pending or sold before the end of the month.

March is typically…

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The Perfect Home Needs the Perfect Offer

Now more than ever a homebuyer needs to know how to make an offer on a home.

In the Boise, Idaho area we are experiencing a shortage of homes for sale and in most parts of the country, this holds true. There just isn’t enough supply to meet demand in most markets. We are at a time when interest rates are still at historic lows and people are more confident in the economy, so we are seeing new buyers hit the market every week.

For those who have already been out searching for their new home, the reality of an inventory shortage means that not only are fewer homes available on the market, but they tend to receive offers quickly and in some cases receive multiple offers.

How Making an Offer on a House Works

So what’s a buyer to do when faced…

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Saving for a House Down Payment: 5 Savvy Tips

It’s no secret that the cost of rent is on this rise- everywhere.

If you find yourself cringing every time you send out that monthly rent check, chances are the thought of buying a home has crossed your mind at least once. So what’s stopping you? The biggest hurdle people face is the notion that it takes a lot of money to buy a home. Yes, you need some money to buy, but it may not be as much as you think and saving for your down payment may not be as hard as you think.

Here are five easy tips for future home buyers on how to save for a house down payment.

Trim Your Expenses

Take a hard look at everything that comes out of your bank account. It may be scaling back on the satellite package or doing without a couple of lattes every week. It…

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Boise Home Values Gain 8.76% in 2016

Boise home values finished 2016 with an 8.76% increase. After hitting a record high in June of $237,600 prices declined slightly in July. For the rest of the year, values remained unchanged to finish the month of December at a median value of $230,000.

At first, that might seem surprising considering the local real estate market is still sizzling. The reality is, the only reason prices aren’t even high is due to the lack of supply. At the beginning of January, Boise had approximately 500 homes for sale. Based on current sales this is the lowest inventory we have seen in nearly ten years.

Homebuyers continued shopping for new houses through November and December with no real slowdown. Rising mortgage interest rates and tight inventory levels being the…

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Boise Home Sales Rise 35% As Mortgage Rates Increase

Total home sales in Boise for the month of November increased by almost 35% from the same month last year. 35% is a massive increase; the fact that it happened in November is even more astounding. While home prices typically hold steady during the fall months in the Boise, ID the number of homes sold usually drops.

Near record low levels of inventory in October encouraged last-minute shoppers off the sidelines, particularly for those that expected to move into a new home before the Holidays. Buyers that had been looking for an extra bedroom have been more likely to forgo that in exchange for a more budget-friendly price.

Despite the low supply of available Boise homes for sale, buyers have been benefiting from historically low mortgage interest rates.…

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7 Holiday Home Safety Tips: Don’t Get Burned by the Holidays!

As we cruise towards the Holiday Season here in Boise, calendars will soon be full of parties and celebrations. Many will take to the skies or the roadways to spend time with loved ones. No matter how you will be spending the holidays, we’ve put together a list of must haves and have-nots to keep you and your home from getting burned during this Holiday Season!

Protect Your Goods From Porch Pirates

Shopping online sure beats fighting crowds at the mall. More people are shopping online and having gifts and goodies delivered home more than ever before. Protect your loot from would be porch pirates by scheduling deliveries while home. In cases where that won’t work, opt to have a delivery signed for or ask a neighbor to keep an eye out once your…

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Real Estate Market Update October 2016

Boise Real Estate Market

The median sales price for homes in Boise from Oct 1st to Oct 31st is $229,900 based on 425 home sales. The average price per square foot for Boise is $144, an increase of 11.63% compared to the same time last year. October 2016 housing market summary:

• The median list price decreased to $229,999 in October (up 9.03% from 12 months ago)
• The median home price increased to $229,900 in October (up 9.94% from 12 months ago)
• Total home sales decreased to 420 in October (up 3.96% from 12 months ago)
• Median days on market decreased to 13 days in October (down 8 days from 12 months ago)
• Available homes for sale decreased to a 1.58 months supply in October (down 7.61% from 12 months ago)
• 30-year mortgage rates…

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Real Estate Market Update September 2016

Boise home prices are holding steady and are basically unchanged from April. Although the inventory of homes remains extremely low, and demand remains high, particularly below $200,000. Overall we are still very much in a seller's market. September 2016 housing market summary:

• The median list price increased to $230,000 in September (up 4.90% from 12 months ago)
• The median home price increased to $228,000 in September (up 5.92% from 12 months ago)
• Total home sales decreased to 470 in September (up 12.44% from 12 months ago)
• Median days on market increased to 15 days in September (down 6 days from 12 months ago)
• Available homes for sale decreased to a 1.70 months supply in September (down 10.53% from 12 months ago)
• 30-year mortgage…

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Real Estate Market Update August 2016

Boise home prices are holding steady and are basically unchanged from April. Although the inventory of homes remains extremely low, and demand remains high, particularly below $200,000. Overall we are still very much in a seller's market. August 2016 housing market summary:

• The median list price increased to $229,900 in August (up 6.98% from 12 months ago)
• The median home price decreased to $227,750 in August (up 8.36% from 12 months ago)
• Total home sales decreased to 508 in August (up 11.16% from 12 months ago)
• Median days on market increased to 14 days in August (down five days from 12 months ago)
• Available homes for sale increased to a 1.74 months supply in August (down 15% from 12 months ago)
• 30-year mortgage rates remained…

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